Tuesday, November 4, 2008

SMN- Current View

Here is a view of todays chart. Note the 50 day line.


DF said...

Not sure how much influence it will have on SMN , but largest weighted equity of the basic materials index is no longer MON, its now DD.

upsidetrader said...

the underlying securities in the etf are overbought-hence the etf is oversold

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.